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TWO THAI SECURITIES INDUSTRY PERSONNEL CHARGED OVER WEB POSTINGS ABOUT KING’S HEALTH

November 2nd 2009 03:15
Two people from Thailand’s securities industry have been arrested on suspicion of spreading rumours by posting information about the King’s health on websites that allegedly caused a sharp drop in the Thai stock market last month.
The Bangkok Post reported that Thiranant Wipuchanin, 43, was arrested at Suvarnabhumi airport yesterday after returning from a trip to Vienna.
She was charged with an offence covering the posting of false information which causes damage to national security and alarms the public.
The rumour about the state of the King's health caused the stock market to plunge 7 percent during trading on October 14 and 15.

Ms Thiranant, a former executive director of UBS Securities (Thailand) who resigned from the company in October last year, told police she merely translated information from a foreign news website and posted it on a local website.
She said stock market prices fell sharply on the day and she thought the public might have wanted to know why.
She had no intention to spread the information to cause a fall in the stock market.
Ms Thiranant posted the information at website http://www.prachatai .com.
The Bangkok Post also reported that police on Sunday also arrested Katha Pajajiriyapong, 37, an employee of Seamico Securities, on charges of violating the computer act.
Police searched Katha's house and found evidence suggesting he had posted similar information at the http://www.sameskybooks.org website.
Both websites are known to present articles seen to be offensive to the monarchy.
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